Making a Meaningful Difference
A letter from the Penn Mutual Board of Trustees
“Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all directly.”
- Dr. Martin Luther King, Jr.
The Penn Mutual Board, on behalf of the company, re-affirms our commitment to increasing diversity, reducing bias and contributing to racial equity in our workplace and in our communities.
Today, we join the chorus of voices throughout the world, declaring that we promise to do better. To listen. To reflect. To do more. To make a meaningful difference within the Black and African American communities. To take actions that lead to positive, sustainable results. To be accountable for the change we want to see in the world.
And while we don’t yet have all the answers, we realize how important it is to make our beliefs and intentions clear.
We recognize that the roots of the problem are deep. We also recognize the urgency to act and inspire hope. It is clear that things need to change.
Our long-standing commitment to diversity and inclusion is woven into our business practices, our community investments, and our organization’s culture of respect and belonging. Doing the right thing is in our DNA.
It’s going to take all of us, working together—strengthened by mutual understanding and shared commitment—to “affect all directly.” As a mutual company, we operate on founding principles that prioritize common interests, for the benefit of all. The words of Dr. King ring true to us, now and always.
- The Penn Mutual Life Insurance Company Board of Trustees
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Gerard P. CuddyFormer President & Chief Executive OfficerBeneficial Bank
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William C. GoingsFormer Executive Vice President, TD Bank Financial Group &Former President, TD Insurance
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James S. HuntRetired Executive Vice President & Chief Financial OfficerWalt Disney Parks and Resorts Worldwide
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Carol J. JohnsonFormer President & Chief Operating OfficerAlliedBarton Security Services
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Charisse R. LillieRetired Vice President, Community Investment, Comcast Corporation &Retired President, Comcast Foundation
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Eileen C. McDonnellChairman of the Board of TrusteesThe Penn Mutual Life Insurance Company
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David M. O'MalleyPresident & Chief Executive OfficerThe Penn Mutual Life Insurance Company
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Helen P. PudlinRetired Executive Vice President & General CounselThe PNC Financial Services Group, Inc.
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Robert H. RockChairmanMLR Holdings, LLC
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Susan D. WaringRetired Executive Vice President & Chief Administrative OfficerState Farm Life Insurance Company